subject
Mathematics, 12.03.2021 14:00 jazzyneen7190

PLEASE HELP MEE Financial Mathematics:
Tovah has just inherited $40 000 and is looking for a good investment.
Option A: Buy a house. The house she is considering costs $320 000.
She would make a 10% down payment and get a 30-year mortgage at
9.9% interest, compounded monthly. She is counting on annual appreciation
of 2.5%. She would live in the house for 4 years and then sell it.
Option B: Invest in a GIC that will pay 2.5% interest, compounded monthly,
for 3 years.
Which investment is better? Explain.​

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 13:30
Find the magnitude of the torque about p if an f = 80-lb force is applied as shown. (round your answer to the nearest whole number.) ft-lb
Answers: 1
question
Mathematics, 21.06.2019 23:20
The cost of turkey is directly proportional to its weight. if a 12-pount turkey costs $27, how much does a 13-pound turkey cost? a. $33.75 b. $36.00 c. $31.00 d. $32.50
Answers: 1
question
Mathematics, 22.06.2019 02:50
The graph of f(x) shown below has the same shape as the graph of g(x)=x^3-x^2 but it is shifted to the left 2 units what is its equation
Answers: 2
question
Mathematics, 22.06.2019 04:10
Walgreens sells both kleenex and nyquil. in a random sample of 5000 purchases, it was found that 1200 contained kleenex and 540 contained nyquil. these are not independent because sick people are more likely to buy both and healthy people more likely to buy neither. in looking into that, it was found that 360 purchases contained both. a. make a two-way table to display this information. fill in the table with the missing entries, and be sure your table has row and column totals. b. if we randomly select a purchase that contained kleenex, what is the probability it also contained nyquil? c. what percent of all purchases didn’t contain either product?
Answers: 1
You know the right answer?
PLEASE HELP MEE Financial Mathematics:
Tovah has just inherited $40 000 and is looking for a g...
Questions
question
Mathematics, 04.02.2021 04:30
question
Mathematics, 04.02.2021 04:30
question
English, 04.02.2021 04:40
question
Mathematics, 04.02.2021 04:40